Zelle+ Sathorn-Ratchaphruek

Zelle+ Sathorn-Ratchaphruek is a low-rise condominium located in Bang Chak, Phasi Charoen, Bangkok 10160. The project sits near Ratchaphruek Road and Phetkasem Road, with convenient access to both MRT Bang Wa Station and BTS Bang Wa Station at around 650 meters. This location is suitable for both owner-occupiers and investors looking for rental demand in the Thonburi area.

Developed by Property Perfect Public Company Limited, the project was completed around 2015. It is a low-rise condo with 2 buildings, 8 floors each, totaling approximately 217 residential units. Parking is provided for about 35% of units. Room types include studio, 1-bedroom, and 2-bedroom layouts, with unit sizes starting from around 22 - 49 sq.m. The design focuses on practical living for working people and small families.

Facilities include a swimming pool, fitness room, garden, lobby, laundry area, and passenger elevators. Security features include 24-hour security guards, CCTV, and key card access. Project management is generally handled by the condominium juristic person responsible for common area maintenance and resident services.

A key advantage of the project is its proximity to Bang Wa, an important interchange hub on the Thonburi side. Nearby landmarks include Seacon Bangkae, Bang Khae Market, Siam University, and Phyathai 3 Hospital, supporting both daily convenience and long-term investment potential. For a nearby comparison, see The Parkland Phetkasem 56

Zelle+ Sathorn-Ratchaphruek in 2026 shows a steady resale market supported by demand from Thonburi-side workers and practical transit access. The project is about 1.1 km from BTS Bang Wa (Green Line), with an interchange to MRT at Bang Wa, which typically improves leasing liquidity versus deeper-in-soi condos.

• Resale price per unit: 1-bedroom, 30 sq.m. averages THB 2.25M
• Price per sq.m.: around THB 75,000 per sq.m.
• Average rent: THB 9,500 per month (standard furnished)

Rental Yield (shown calculation): 9,500 x 12 = THB 114,000 per year. 114,000 divided by 2,250,000 = 5.1% p.a. (before common fees and vacancy). This is broadly competitive for the Bang Wa-Wutthakat corridor, where typical net-leaning gross yields for similar sizes often cluster around 4.5-5.5% depending on unit condition.

Capital Gain outlook: Using an indicative 2024 base of ~THB 72,000 per sq.m. rising to ~THB 75,000 per sq.m. in 2026 implies roughly +4% over 2 years or about +2% per year. Key pressure comes from nearby supply along Phetkasem and Tha Phra. Upside remains gradual because the project’s price per sq.m. is still below newer stock near major interchanges, supporting incremental appreciation rather than sharp spikes.